21 Mar 2020
The European Central Bank unveiled a multi-billion euro plan to help economies struggling with the fallout of the coronavirus. But how will it help economies brought to a standstill by emergency measures?
2 Mar 2020
Nigeria has licensed two gold refineries to produce gold for export and for the central bank to hold in its reserves, Minister of Mines and Steel Development, Olamilekan Adegbite told reporters in the capital, Abuja.
10 Sep 2019
Ghana’s central bank has additional space to loosen policy thanks to the global move toward lower interest rates, as long as inflation slows, according to Governor Ernest Addison. He was interviewed by Bloomberg TV’s Manus Cranny st the World Economic Forum on Africa in Cape Town.
2 Sep 2019
One week after Lebanon’s credit rating was cut deeper into junk territory by Fitch, the country’s central bank governor told Bloomberg they have secured new deposits from private investors overseas, boosting dollar reserves by up to $1.4 billion. Riad Salameh’s comments are likely to go some way toward reassuring investors increasingly worried that dwindling inflows of cash from abroad could undermine Lebanon’s ability to repay its debts and defend its currency. He spoke to Bloomberg’s Lin Noueihed in an exclusive interview in Beirut, Lebanon.
6 Aug 2019
As waves of easy monetary policy wash over the world’s financial markets, some of euro-denominated high-yield bonds are now trading with a negative yield. But in a sign of increasing bifurcation between riskier and safer credits, some issuers had to offer chunky yields to draw investor interest, while others found heated demand. Bloomberg's Jonathan Ferro sat down with TD’s Priya Misra, JPMorgan’s Oksana Aronov and Robert Tipp of PGIM Fixed Income to discuss the outlook for high yield and investment grade credit.
2 Aug 2019
The US central bank cut interest rates for the first time since 2008, citing concerns about the global economy. The move comes amid economic uncertainties amid President Donald Trump's trade wars and Brexit.
26 Jun 2019
Governor of Nigeria's Central Bank says the apex banks development finance efforts have been driven by the need to reduce reliance on crude as smuggling and dumping over the years have led to a demise of Agriculture. Obiora Madu, CEO of Multimix Group joins CNBC Africa to discuss some developments impacting Nigeria's non-oil exports.
2 Jun 2019
Former European Central Bank Director General Francesco Papadia looks at the potential successors to Mario Draghi at the European Central Bank.
9 May 2019
Millions of A$50 banknotes in Australia have an embarrassing error that was overlooked by the country's central bank before they were printed and circulated.
21 Mar 2019
After a series of rises, the US central bank's policy meeting decided to hold interest rates in their current range. It also predicted a gloomier outlook for growth than that coming from Trump's White House.
19 Feb 2019
Radhika Rao, economist at DBS Bank, talks about the decision of India’s central bank to approve an early transfer of a part of its profit to the government.